Core Insights - The Shanghai Gold Exchange reported a total transaction amount of 42,895.44 billion yuan in March 2025, marking an 18.9% year-on-year increase, with inquiry trading accounting for 76.6% of the total [1] - The international gold price continued to rise, with spot gold closing at $3,118.55 per ounce, an increase of $260.72 from the previous month [2] - Domestic gold contract prices also saw significant increases, with the Au99.99 contract closing at 730.8 yuan per gram, up 60.02 yuan from the previous month, reflecting a monthly increase of 8.95% [3] Transaction Data - The total trading volume for gold was 6,055,194.98 kilograms, a decrease of 13.0% year-on-year, while the transaction amount reached 41,828.28 billion yuan, up 19.3% year-on-year [1] - Platinum trading volume increased significantly to 11,552 kilograms, a 227.4% year-on-year rise, with a transaction amount of 2.71 billion yuan, up 258.5% year-on-year [1] - Silver trading volume decreased by 20.7% year-on-year to 12,685,690 kilograms, but the transaction amount increased by 4.0% to 1,040.06 billion yuan [1] Price Movements - The average price of gold in the domestic market was 697.15 yuan per gram, up 17.09 yuan from the previous month [3] - The platinum contract (Pt99.95) closed at 237.66 yuan per gram, an increase of 6.78 yuan, with a monthly increase of 2.94% [3] - The silver contract (Ag (T+D)) closed at 8,485 yuan per kilogram, up 614 yuan, reflecting a monthly increase of 7.8% [3] Delivery and Outflow - The total gold delivery volume was 673,981.96 kilograms, with a physical outflow of 120,156.9 kilograms [4] - The total silver delivery volume was 3,203,160 kilograms, with a physical outflow of 114,810 kilograms [4]